Home loans are becoming more of a burden for Australians as many grapple with indebtedness.
More than half of Australians (56%) who are paying off a mortgage or have paid off a mortgage said their home loan is/was a burden and somewhat limited their lifestyle, a survey by Gateway Credit Union shows.
Many professionals in the mortgage industry will be welcoming the results of a recent report after it suggested a number of key roles in the sector will become highly sought-after over the year ahead.
According to the latest data from recruitment giant Hays, mortgage lenders, mortgage processors and mobile lenders will all be hot job titles in 2018.
The value of residential property across New Zealand continues to grow beyond $1trn despite a recent slowdown, according to the latest figures from property analytics firm CoreLogic.
It’s no surprise then that the firm has also observed strong competition for mortgages – especially among retail banks – as interest rates dipped during the first half of December.
Average asking prices hit an all-time high in December, while new listings sunk to an all-time low, according to the latest figures from realestate.co.nz.
New listings were 6.2% lower in December 2017 (7,133) compared to the same month a year before (7,606). Total housing stock was also 9.3% higher than December 2016. On the other hand, the average asking price hit $660,798 up 3.8% from November 2017.
